TMT-Focused 5G Edge Withdraws $300M IPO

5G Edge Acquisition in a letter to the SEC withdrew its planned offering of 30 million units initially registered with the regulator in March 2021.

The SPAC had planned to companies within the TMT sector such as software, fixed and wireless communications, networking, security and leading-edge technology market segments engaged in 5G technologies.

5G Edge had applied for a Nasdaq listing with Cantor retained as sole book-running manager. Read more.

Source: TMT-Focused 5G Edge Withdraws 0M IPO